The Gardner School

Highlights:

• Strong Lease Fundamentals: 20-year absolute net lease featuring 10% rental increases every 5 years
• Significant Corporate Backing: Corporate guaranty from tenant’s parent company, TGS Holdings, LLC
• Brand-New Building: 2026 build-to-suit construction for TGS
• Local Brand Awareness: TGS operates multiple established locations across the Minneapolis–St. Paul MSA, serving as a leading provider of premium early childhood education throughout the market
• Excellent Financials: Strong profit margins (speak with Agent)
• Continued Performance: Compounded annual growth rate positive
• Growing Operator: 43 locations in 8 states and Washington D.C. with 6 new schools set to open in 2026
• Extremely Affluent Parent Demographics: $156-176K average household incomes within a 1, 3, and 5-mile radius
• Steady Growth Submarket: Estimated population growth within a 1, 3, and 5mile radius over the next 5 years
• Significant Education Spend: Families within a 5-mile radius spent a total of $108 million on education and tuitions in 2025, per CoStar

Description:

A brand-new, build-to-suit The Gardner School (“TGS”) on a 20-year absolute net lease featuring 10% rental increases every 5 years throughout the base term and options and a corporate guaranty from tenant’s parent company, TGS Holdings, LLC. The financials backing TGS’s guaranty are exceptionally strong – in FY 2024 they reported revenues of over $117 million and a global school level profit of $20 million.

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